LIDS develops novel analytical methodologies and tools for system modeling, analysis, design, and optimization, as well as the adaptation and application of these methods to physical and man-made systems.

Devavrat Shah, along with co-authors Vivek Farias of MIT Sloan and Srikanth Jagabathula of NYU Stern, received the Revenue Management and Pricing section prize at INFORMS, for their paper, “A Nonparametric Approach to Modeling Choice with Limited Data.”